Sustainable Water Works
- Assets
- $53.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Novi, MI
- Founding
- 09/2011
- Data as of
- 12/2016
- EIN
- 45-2637521
Organization Overview
Sustainable Water Works is located in Novi, MI. The organization was established in 2011. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Water Works is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Sustainable Water Works generated $15.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.7%) each year. All expenses for the organization totaled $29.1k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (49.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
PRESERVE AND PROTECT THE ENVIRONMENT BY DEVELOPING SUSTAINABLE POLICY & TECHNOLOGY PRIMARILY IN THE GREAT LAKES. PROMOTE RESEARCH & DEVELOPMENT IN THE WATER SECTOR AND AID DEVELOPMENT OF INNOVATIVE TECHNOLOGIES FOCUSED ON SUSTAINABLE WATER DEVELOPMENT BY CREATING SUSTAINABLE WATER WORKS TO DEVELOP A WATER SECTOR IN A CORE URBAN AREA AS PART OF ECONOMIC DEVELOPMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Richardson President | 5 | $10,700 | |
Christopher Cynar Secretary/tr | 0.1 | $0 | |
Richard Kunec Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,220 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,220 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,616 |
| Professional fees and other payments to independent contractors | $7,408 |
| Occupancy, rent, utilities, and maintenance | $3,456 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,575 |
| Total expenses | $29,055 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,729 |
| Other assets | $0 |
| Total assets | $53,452 |
| Total liabilities | $1,869 |
| Net assets or fund balances | $51,583 |